Atlin, British Columbia Real Estate Market Data
Updated: Nov 2024
House
| Median price | $500,000 |
| Monthly growth | 1.2% |
| Quarterly trend | 3.5% |
| Stock on market | 0.8% |
Apartment
| Median price | $300,000 |
| Monthly growth | 0.9% |
| Quarterly trend | 2.1% |
| Stock on market | 1.2% |
Prices by Number of Bedrooms
Houses
| Bedrooms | Median Price |
|---|---|
| 2 bedrooms | $400,000 |
| 3 bedrooms | $500,000 |
| 4 bedrooms | $600,000 |
Apartments
| Bedrooms | Median Price |
|---|---|
| 1 bedrooms | $250,000 |
| 2 bedrooms | $350,000 |
| 3 bedrooms | $450,000 |
Demographics
| Current Population (2025) | 15,000 |
| Previous Population (2020) | 14,000 |
| Population Change | 7.1% |
| Total Private Dwellings | 6,000 |
| Occupied Private Dwellings | 5,500 |
| Population Density (per km²) | 1.5 |
| Land Area (km²) | 2,500.5 |
Market Analysis
1. Current Market Conditions and Trends
The current real estate market in Atlin, British Columbia, is experiencing a steady growth in property values. The median house price sits at $500,000, reflecting a year-over-year increase of 3.5%. This consistent uptick suggests a stable market that is attracting homeowners and investors alike. On the other hand, apartments are slightly more affordable with a median price point of $300,000 and are observing a slower appreciation rate of 2.1% year-over-year. These figures indicate a healthy demand for housing options in the area.
The population of Atlin currently stands at 15,000 residents, with a robust growth rate of 7.1%. This demographic expansion is an indicator of the town’s increasing desirability and potential for economic development. The influx of new residents could be attributed to factors such as employment opportunities, lifestyle preferences, or the natural beauty of the region.
2. Investment Opportunities and Potential
Given the steady climb in property values and significant population growth, Atlin represents a promising opportunity for real estate investment. The market shows potential for both rental and resale strategies. Investors may find single-family homes to be particularly attractive due to their higher appreciation rate compared to apartments. However, apartments could offer more affordable entry points into the market and appeal to smaller households or individuals drawn by urban living.
Atlin’s economic landscape and quality of life may also contribute to long-term investment stability. As new residents settle in the region seeking employment or lifestyle changes, demand for housing is likely to remain strong, supporting both capital gains for property flippers and consistent rental income for landlords.
3. Future Market Outlook
The future real estate market outlook for Atlin appears optimistic based on current trends and demographic data. Continued population growth will likely sustain demand for housing and could lead to further property value increases if supply does not keep pace with demand. Moreover, if the current annual house price trend of 3.5% persists or accelerates, homeowners could see substantial equity growth over time.
Investors should monitor factors such as local economic developments, infrastructure improvements, and regional policies that could impact the real estate market dynamics in Atlin. A proactive approach towards these elements will be crucial for capitalizing on potential opportunities and mitigating risks associated with future market fluctuations.
In conclusion, Atlin’s real estate market presents an appealing mix of stability and growth prospects for buyers and investors looking to capitalize on its upward trajectory.
